SEC is urged to sue over Stanford victims' claims (Reuters)

Reuters - Securities regulators are due in court on Tuesday to argue that a brokerage industry-backed protection fund should let thousands of victims of Allen Stanford's alleged Ponzi scheme file claims for compensation.

WASHINGTON (Reuters) - Securities regulators are due in court on Tuesday to argue that a brokerage industry-backed protection fund should let thousands of victims of Allen Stanford's alleged Ponzi scheme file claims for compensation.

WASHINGTON (Reuters) - A senat

WASHINGTON (Reuters) - A senator attacked on Wednesday an industry-backed fund that covers claims for investors of failed brokerages, saying the fund was failing to help people who had been victimized by convicted financier Allen Stanford's $7 billion Ponzi scheme.

Reuters - In a major victory for victims of Allen Stanford's alleged Ponzi scheme, U.S.

WASHINGTON (Reuters) - In a major victory for victims of Allen Stanford's alleged Ponzi scheme, U.S.

The Senate Banking Committee is holding a hearing Wednesday to look into the SEC’s investigation of an alleged $8 bln Ponzi scheme led by Allen Stanford.

The Securities and Exchange Commission said the industry association set up to recover customer assets of failed brokerages erred in denying payments to investors in jailed financier R.